Property Appraiser's Association of Florida Inc
Nonprofit profile at a glance
- EIN
- 900153168
- IRS 990 coverage
- 2019–2021
- Forms available
- Form 990 2021
- Location
- Tallahassee, FL, USA
- Phone
- 8502190220
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Real Estate Associations
Reported finances
- Revenue
- $340,215
- Expenses
- $310,911
- Assets
- $473,499
- Liabilities
- $37,550
Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- BOB HENRIQUEZ (1ST VICE PRESIDENT)
- SCOTT RUSSELL (2ND VICE PRESIDENT)
People named in this filing
- BOB HENRIQUEZ (1ST VICE PRESIDENT)
- SCOTT RUSSELL (2ND VICE PRESIDENT)
- PAUL POLK (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To foster and improve the professional standards of the county appraisers and employees of their offices; improve appraisal procedures and practices; to aid in securing
What it reported doing in 2021
The Organization provides legal assistance and guidance to the County Property Appraisers of the State of Florida.
Operating model
- Revenue model
- Membership-supported. 82% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 89
- Accountability: 82
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.1%; rating input score 75
- Program expense ratio: 82.1%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 5th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.6%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 1.52; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 0.2% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 75.1% of revenue deployed · 82.1% of spending went to programs
- Governance: 60 of 60 board members independent · 4 of 7 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $0 · 11 people listed
- Highest-paid contractors: 1 contractor listed · $220K reported
- Consistency: 14 of 16 current checks pass · 2 findings to review
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2019 to 2021
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX ConferencesMeetings column sum did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 48/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.